Economics
SABIC Fujian Petrochemicals advances major ethylene project with Lummus technologies and services
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that SABIC Fujian Petrochemical Co., Ltd.'s grassroots complex in Fujian Province, China, will leverage Lummus' ethylene and co-monomer technologies.
Singapore fuel oil stockpiles slip to two-week low
Singapore's onshore fuel oil stockpiles eased to a two-week low on lower imports.
Sri Lanka minister says Sinopec to start work on refinery by June
The world's largest refiner, China's Sinopec, plans to start work on a refinery in Sri Lanka by June, the power minister said, advancing a project earmarked as the biggest investment in the crisis-hit island nation
Emirates adds SAF on flights from Amsterdam Schiphol Airport
Emirates has commenced the activation of its fuel agreement with Neste at Amsterdam Schiphol Airport, with over 2 million gallons of blended SAF to be supplied into the fueling system throughout 2024.
Japan's Idemitsu, Mitsui Chemicals may consolidate ethylene plants in Chiba
Japanese oil refiner Idemitsu Kosan and Mitsui Chemicals plan to consolidate their ethylene complexes in Chiba near Tokyo as the industry is under pressure from competition with China.
Nozomi Networks extends partnership with Yokogawa to deliver OT and IoT security services worldwide
Nozomi Networks Inc. announced it has extended its partnership with Yokogawa Electric Corporation, to address global demand for managed security services and solutions designed to holistically satisfy the unique OT and IoT cybersecurity requirements of process manufacturers.
Nigeria's Dangote oil refinery could accelerate European sector's decline
Nigeria's giant Dangote oil refinery could bring to an end a decades-long gasoline trade from Europe to Africa worth $17 B a year, heaping pressure on European refineries already at risk of closure from heightened competition.
Global energy giants commit to accelerated transition to low-carbon future
At CERAWeek by S&P Global in Houston, Texas, executives met to network and discuss strategies for scaling technologies of the future. In a panel moderated by Atul Arya, Senior Vice President and Chief Energy Strategist at S&P Global, the panelists discussed the large-scale deployment of various technologies over the next several decades, including renewables, carbon capture, utilization and storage, hydrogen and much more.
Audubon launches unprecedented vapor recovery & reuse system for EPA compliance
Audubon Engineering Company introduced its patented Vapor Upcycle System as a sustainable-energy solution for capturing and reusing hazardous air pollutants.
Koch Modular to expand state-of-the-art pilot plant in Houston, TX (U.S.)
Koch Modular announced the expansion of its Houston, Texas (U.S.) pilot plant which will improve Koch Modular's analytical lab and testing capabilities to address customers' demand in industries spanning chemical, pharmaceutical, petrochemical, biotech, food, flavor and fragrance.
- Saudi Arabia was top buyer of Russian fuel oil and VGO in November 12/23
- Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains 12/22
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
